Saudi Capital Market Authority chief replaced

Riyadh, February 5, 2013

Saudi King Abdullah has replaced the head of the kingdom's capital market regulator, the Capital Market Authority, through a royal decree, state news agency SPA reported on Tuesday.

"Abdulrahman Al-Tuweijri, chairman of the Capital Market Authority, is relieved of his post and Mohammed bin Abdulmalik Al Al-Sheikh is appointed as chairman of the authority," said the decree carried by SPA. - Reuters